Jonny Sacko
Well-known member
- Joined
- Dec 22, 2005
- Posts
- 748
The A fund can't be taken away without a negotiation or bankruptcy. However as I understand it, the lump sum option could disappear. In past precedence, this fund would be transferred off the books to a third party administrator. Highly unlikely the lump sum feature would remain in place.
Nonsense, that fancy union lawyer group stated it could be negated IF there was a run on the bank, and not enough to go around. Meaning, if there's not enough cash there and you are the next in line, too bad for you. This is exactly what I though they would do. Either try (as you've said) to get us to vote it out, which I still see easily passing since PRATER split us down the center, or UNDERFUNDING IT, which is happening right now. It begins, they will keep underfunding it, until it gets so low, that anyone trying to retire will not have any. It's pathetic.
This is 100% attributed to Prater, and ALPA National. That idiot has done more to KILL this industry than any other, presidents, congress, all added together.